{"schema_version":"secwatch.filing_event.v1","accession":"0001423902-23-000022","form_type":"8-K","ticker":"WES","cik":"0001423902","company_name":"Western Midstream Partners, LP","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.880695+00:00","generated_at":"2026-06-19T04:34:18.219393+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Western Midstream reports record 2022 net income of $1.19B; recommends $140M Enhanced Distribution","bullets":["Q4 2022 net income $328.6M ($0.85 diluted EPS); full-year net income $1.190B ($3.01 diluted EPS).","Full-year Adjusted EBITDA $2.128B (within guidance); Free cash flow $1.268B (within guidance).","Year-end net leverage ratio 3.1x, below 3.4x threshold; repurchased $487.6M in units in 2022.","2023 guidance: Adjusted EBITDA $2.05B-$2.15B; capex $575M-$675M; Base Distribution $2.00/unit annualized.","Recommend 2022 Enhanced Distribution of $140M (~$0.36/unit), payable in May 2023 if approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001423902-23-000022","json":"https://secwatch.observer/filing/0001423902-23-000022.json","markdown":"https://secwatch.observer/filing/0001423902-23-000022.md","text":"https://secwatch.observer/filing/0001423902-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000022/0001423902-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000022/wes-20230222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T04:34:18.219393+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b917560b1777a424804cd32efefacfe9ed284619","claim":"Western Midstream Partners, LP reported full-year 2022 results: net income $1.190 billion, EPS $3.01 per common unit (diluted). Guidance initiated.","evidence_excerpt":"Net income (loss) attributable to limited partners for full-year 2022 totaled $1.190 billion, or $3.01 per common unit (diluted)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000022/0001423902-23-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2022"},{"label":"Net income","value":"$1.190 billion"},{"label":"EPS","value":"$3.01 per common unit (diluted)"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d3a61ef8ee5d8351bb4f8a539d66ccdee0aa1a49","claim":"Western Midstream Partners, LP reported fourth-quarter 2022 results: net income $328.6 million, EPS $0.85 per common unit (diluted). Guidance initiated.","evidence_excerpt":"Net income (loss) attributable to limited partners for the fourth quarter of 2022 totaled $328.6 million, or $0.85 per common unit (diluted)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1423902/000142390223000022/0001423902-23-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth-quarter 2022"},{"label":"Net income","value":"$328.6 million"},{"label":"EPS","value":"$0.85 per common unit (diluted)"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}